Potato rises 0.47% on pick up in demand

Amid pick-up in demand in the spot market and restricted arrivals from producing regions, potato prices rose by 0.47 per cent to Rs 980.10 per quintal in futures trade today.

Amid pick-up in demand in the spot market and restricted arrivals from producing regions, potato prices rose by 0.47% to Rs 980.10 per quintal in futures trade today.

At the Multi Commodity Exchange, March potato rose by Rs 4.60, or 0.47%, to Rs 980.10 per quintal in business turnover of 164 lots.

The April delivery traded marginally up by 10 paise, or 0.01%, to Rs 963.70 per quintal in 45 lots.

Analysts said besides rising demand in the spot market, restricted arrivals from producing regions led to rise in potato prices at futures trade.